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Business, 10.04.2020 22:31 krab38

Kaitlyn purchased one share of Northwest Energy stock for $200; one year later she sold that share for $400. The inflation rate over the year was 50 percent. The tax rate on nominal capital gains is 50 percent. What was the tax on Kaitlyn's capital gain?
a) $50
b) $75
c) $100
d) $200

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Answers: 2

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